HR-647 : Still Just a Bill

Achieving a Better Life Experience Act of 2013 or the ABLE Act of 2013 - Amends the Internal Revenue Code to establish tax-exempt ABLE accounts to assist an individual with a disability in building an account to pay for qualified disability expenses. Defines "qualified disability expenses" to include expenses for education, including higher education expenses, a primary residence, transportation, obtaining and maintaining employment, health and wellness, and other personal support expenses.

Treats a qualified ABLE program and an ABLE account in the same manner as a qualified tuition program for income tax purposes (i.e., allowing a tax exemption for such program and an exclusion from gross income of amounts attributable to a contributor to or a beneficiary of a program account). Defines "qualified ABLE program" as a program established and maintained by a state agency under which a person may make contributions to an ABLE account established to pay for qualified disability expenses.

Requires amounts in ABLE accounts to be disregarded in determining eligibility for Medicaid and other means-tested federal programs. Suspends the payment of supplemental security income benefits under title XVI (Supplemental Security Income) of the Social Security Act to an individual during any period in which such individual has excess resources attributable to an ABLE account.

Action Timeline

Action DateTypeTextSource
2015-01-02FloorLAID ON THE TABLE - Without objection, the Chair announced that H.R. 647 is laid on the table.House floor actions
2014-12-03FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2014-12-03VoteOn passage Passed by the Yeas and Nays: 404 - 17 (Roll no. 545). (text: CR H8312-8317)House floor actions
2014-12-03FloorConsidered as unfinished business. (consideration: CR H8343-8344)House floor actions
2014-12-03FloorPOSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 647, the Chair put the question on passage, and by voice vote, announced that the ayes had prevailed. Mr. Reichert demanded a the yeas and nays and the Chair postponed further proceedings on the question of passage until a time to be announced.House floor actions
2014-12-03FloorThe previous question was ordered pursuant to the rule. (consideration: CR H8322)House floor actions
2014-12-03FloorDEBATE - The House proceeded with one hour of debate on H.R. 647.House floor actions
2014-12-03FloorThe rule provides for a closed rule for H.R. 5771 and H.R. 647.House floor actions
2014-12-03FloorConsidered under the provisions of rule H. Res. 766. (consideration: CR H8312-8322)House floor actions
2014-12-03FloorRule H. Res. 766 passed House.House floor actions
2014-12-02FloorRules Committee Resolution H. Res. 766 Reported to House. The rule provides for a closed rule for H.R. 5771 and H.R. 647.House floor actions
2014-11-12CalendarsPlaced on the Union Calendar, Calendar No. 456.House floor actions
2014-11-12DischargeCommittee on Energy and Commerce discharged.House floor actions
2014-11-12CommitteeReported (Amended) by the Committee on Ways and Means. H. Rept. 113-614, Part I.House floor actions
2014-07-31CommitteeOrdered to be Reported (Amended) by Voice Vote.House committee actions
2014-07-31CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2013-02-15CommitteeReferred to the Subcommittee on Health.House committee actions
2013-02-13IntroReferralReferred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.House floor actions
2013-02-13IntroReferralReferred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.House floor actions
2013-02-13IntroReferralIntroduced in HouseLibrary of Congress

Sponsor :

Rep. Crenshaw, Ander [R-FL-4]
See Cosponsors

Policy Area :

Taxation
See Subjects
  • Bank accounts, deposits, capital
  • Disability and paralysis
  • Income tax deductions
  • Income tax exclusion
  • Medicaid
  • Poverty and welfare assistance

Related Bills

See Related Bills